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Axos Invest Managed Portfolios review: Automated ETF portfolios with a $500 minimum

Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, like American Express, but our reporting and recommendations are always independent and objective.Bottom line: Axos Invest Managed Portfolios is best for goal-based, passive investors who want to avoid the legwork of selecting investments or rebalancing portfolios on their own.Is Axos Invest Managed Portfolios right for you?Axos Financial's automated investment account, Axos Invest Managed Portfolios, is best for hands-off and long-term focused investors in search of professionally managed and personalized ETF portfolios.Founded in 2009 as WiseBanyan, Inc. the automated advisor becam...